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Expert Analysis

Inside The Emergence Of 'Bridge Banks'

By Michael Mancusi, Amber Hay and Christopher Allen (March 29, 2023, 3:46 PM EDT) -- Following the significant turmoil and fears of contagion created by the two recent bank failures of Silicon Valley Bank and Signature Bank, the Federal Deposit Insurance Corporation, as receiver for the banks,[1] along with the U.S. Department of the Treasury and the Board of Governors of the Federal Reserve System, stepped into the breach....

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